1Varney & Company
called old money but i like to call it luxury. joining the company is an international head of jewelry for christie's. welcome back. we always love to see. >> i always love to be here. stuart: when you bring good stuff with you. >> call me anytime. this will happen. stuart: for step, can we show please this rare red diamond? let's go closer to this one here. that is the red diamond. can we focus a little more on that? don't see that well on the screen. how much? >> it is a tree carrots stone and we with a larger diamond which wwll give you a sense of the rarity. a round stone, has two of the rest queues in the dime in the world, red and orange and it will make $1 million, $300,000 a carat. that is a lot of money but it is not very big. it is the rarity of the color. you don't get red diamonds in large sizes. stuart: not bad for your business. >> not all. it is all educational. stuart: $300,000 a carat for a rare red diamond. >> so glad i came to work today on fox business. look at what i get to wear. stuart: got to get this on camera really well so you conceive the size of this thing.
with. it's an international stock market and it's very dominated by the resources sector. we quite like energy, but we're not so keen on the materials. we don't think the uk is going to do as well as the s&p or the euro stocks. we're expecting markets to be more strong because local expectations are going to be overly depressed and they matter. >> kevin, briefly, what about the yen? this seems to be one of the biggest stories for the bank of japan. do you bet on the bank of japan here? >> we expect them to loosen and of coursively push the yen down. the only qualification one has there is it's a little bit like the government bond call going into 2013. absolutely everybody seems to be saying it. >> okay. we'll leave it there. kevin gardener, head of investment strategist at barclay's. your top call for 2013? >> we think growth will be weak around the world. the u.s. is the best game in town. >> i want to hear what john walsh thinks. what's your top pick of the year, sir? >> bullish across all the understand i ises. why not? >> john walsh is bullish. why not? we still appreciate you
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